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National Bank of Egypt (NBE), the country’s largest state bank, has received approval to open a branch in South Sudan’s capital Juba, a senior official said on Monday.
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Egypt’s purchasing managers’ index (PMI) in the non-oil private sector dropped in March for the first time in three months from 49.3 in February to 48.0, signalling a modest deterioration in the…
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The Egyptian Exchange (EGX) needs more listings to help with providing sufficient market liquidity, Naguib Sawiris said during Hapi Conference on Monday.
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The Egyptian government is seeking economic growth rates of 5.4 percent during fiscal year (FY) 2019/2020, according to the Minister of Finance, Mohamed Maait said on Monday.The Egyptian government is…
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Egypt's Ministry of Trade and Industry’s plans to reach $100bn in annual exports, Nevine Gamea said s a part of her speech which was delivered on behalf of Prime Minister Mostafa Madbouly, during the…
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Egypt’s net international reserves (NIRs) rose for the tenth month in a row to reach $40.3 billion by the end of March, up from $40.2 billion in February, the Central Bank of Egypt (CBE) announced.
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The Egyptian food industries sector attracts investments of 500 billion Egyptian pounds which are making up 24.5 percent of the country’s gross domestic product (GDP), the Minister of Trade and…
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The National Bank of Egypt (NBE) has started providing various banking services to customers at the New Administrative Capital (NAC).
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HSBC and Egyptian microfinance institution Reefy signed on Saturday an agreement to provide 150 million Egyptian pounds ($9.5 million) designed for microbusinesses in the North African country.
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Egypt’s balance of trade deficit narrowed by 17.9% year-on-year (YoY) to $3.15 billion in January from $3.85 billion a year earlier, according to a new data released by the Central Agency for Public…
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